Upside Down Mortgage

Posts Tagged ‘ftc sues two loan modification firms’

Loan Modification Firms

Question: Is it true DHAL sells information to lawyers & 3rd parties and is a criminal and fruadulent organization?

Distress Homeowners Assist Line, DHAL is under legal investigation for fraud and operating under the title of a non-profit organization. They are in fact a marketing company, selling the information they obtain, through the public trust, to lawyers and real estate firms. They primarily make their money via commissions when the client pays for a Loan Modification. If you have been abused by this company, please contact the FBI or BBB.

Answer: You seem to have answered your own question.

Are Loan Modification Companies Scams? (2 of 2)

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Loan Modification Firm

Question: Would you pay $20 to attend a foreclosure prevention seminar?

I'm looking to attend a seminar that's about 3 hours long & would go over he complete foreclosure process from start to finish. They also will have a loan modification firm there as well as a notary to get me started to save my home.

What do you think?

Is it worth the $20?

Answer: Scam with a capital S!!!!!!!!!!!! Run, do not walk, away from these sharks. They will charge you money that you do not have to do nothing.

Better off spending the money on the lottery than give it to them!

Commercial Loan Modification Firm